Adjustment of seized cash towards advance tax liability - ...

Court Permits Seized Cash Adjustment for Advance Tax; Section 132B Explanation Not Applicable Post-Assessment Year.

September 26, 2015

Case Laws Income Tax AT

Adjustment of seized cash towards advance tax liability - Explanation to section 132B cannot help the case of the Revenue as the Explanation has been inserted much after the conclusion of the assessment year under consideration. - adjustment of advance tax liability allowed - AT

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Adjustment of seized cash towards advance tax liability - ...

Court Permits Seized Cash Adjustment for Advance Tax; Section 132B Explanation Not Applicable Post-Assessment Year.

September 26, 2015

Case Laws Income Tax AT

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